North America Biopsy Devices Market - Industry Trends and Forecast to 2028

Market Analysis and Insights : North America Biopsy Devices Market

The North America biopsy devices market is expected to witness market growth at a rate of 6.96% in the forecast period of 2021 to 2028. Data Bridge Market Research report on biopsy devices market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the awareness on diagnosis of chronic diseases is escalating the growth of biopsy devices market.

Biopsy is a known to be process that performs surgical removal of tissue from an organ to determine the incidence or extent of a disease, normally cancerous and inflammatory conditions. It is normally performed by radiologists, surgeons and interventional cardiologists.

Major factors that are expected to boost the growth of the biopsy devices market in the forecast period are the rise in the incidents of cancer. Furthermore, the increase in the government initiatives is further anticipated to propel the growth of the biopsy devices market. Moreover, the growing need for the minimally invasive surgeries is further estimated to cushion the growth of the biopsy devices market. On the other hand, the stringent standards and regulation for the utilize of biopsy is further projected to impede the growth of the biopsy devices market in the timeline period.

In addition, technological developments in the field of biopsy devices will further provide potential opportunities for the growth of the biopsy devices market in the coming years. However, the rise in the biopsy devices expenses which might further challenge the growth of the biopsy devices market in the near future.

This North America biopsy devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the North America biopsy devices market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth. 

North America Biopsy Devices Market Scope and Market Size

The biopsy devices market is segmented on the basis of product, application, guidance technique and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them in making strategic decisions for the identification of core market applications. 

• On the basis of product, the biopsy devices market is segmented into needle-based biopsy instruments, procedure trays, localization wires and other products. Needle-based biopsy instruments is further sub segmented into core biopsy devices, aspiration biopsy needles and vacuum-assisted biopsy devices.
• On the basis of application, the biopsy devices market is segmented into breast biopsy, lung biopsy, colorectal biopsy, prostate biopsy, other applications.
• On the basis of guidance technique, the biopsy devices market is segmented into ultrasound-guided biopsy, stereotactic-guided biopsy, MRI-guided biopsy, other guidance techniques.
• On the basis of end user, the biopsy devices market is segmented into hospitals, academic and research institutes, diagnostic and imaging centers.

North America Biopsy Devices Market Country Level Analysis

The North America biopsy devices market is analyzed, and market size insights and trends are provided by country, product, application, guidance technique and end user as referenced above.      

The countries covered in the biopsy devices market report are the U.S., Canada, and Mexico in North America.

U.S. dominates the North America biopsy devices market due to the rise in the cases of cancer. Mexico is projected to increase in the demand for minimally invasive procedures.

The country section of the North America biopsy devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

Healthcare infrastructure growth installed base and new technology penetration

The North America biopsy devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the North America biopsy devices market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the North America biopsy devices market. The data is available for the historic period 2010-2019.

Competitive Landscape and North America Biopsy Devices Market Share Analysis

The North America biopsy devices market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the North America biopsy devices market.

The major players covered in the North America biopsy devices market report are BD, Cook Group, Devicor Medical Products, Inc., ARGON MEDICAL., SOMATEX Medical Technologies GmbH, , Scion Medical Technologies, LLC, STERYLAB S.r.l., EndoMed Systems Alle Rechte vorbehalten, TSK Laboratory Europe B.V., B. Braun Melsungen AG, Cardinal Health, Siemens, General Electric Company, Boston Scientific Corporation, FUJIFILM Holdings Corporation, Olympus Corporation, Medtronic and SRL Diagnostics among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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